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Cardiol Therapeutics Inc T.CRDL

Alternate Symbol(s):  CRDL

Healthcare
Cardiol Therapeutics Inc. is a clinical-stage life sciences company. The Company is focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. Its lead drug candidate, CardiolRx (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. It is recognized that cannabidiol inhibits activation of the inflammasome pathway, an intracellular process known to play an important role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure. It is also developing CRD-38, a novel subcutaneously administered drug intended for use in heart failure. It has received Investigational New Drug Application authorization from the United States Food and Drug Administration to conduct clinical studies to evaluate the efficacy and safety of CardiolRx in two diseases affecting the heart.


TSX:CRDL - Post by User

Cardiol Therapeutics Inc
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Post by TechnicallyHighon May 02, 2019 9:29am
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Post# 29699808

Canopy buys Cardiol Equivalent in Germany...

Canopy buys Cardiol Equivalent in Germany...

Canopy Growth (NYSE:CGC) acquires C3 Cannabinoid Compound Companyfor €225.9 million (CDN $342.9 million) in cash.

The German firm's top product is dronabinol, a compound with standardized concentrations of tetrahydrocannabinol (THC). It is currently approved in Austria, Denmark and Germany for the treatment of refractory nausea and vomiting in oncology and palliative care and for cancer pain.

C3 has five products on the market and generated €27.1 million (CDN $41.5 million) in sales last year.

Shares are off a fraction premarket.

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